G7 pledges reduction in reliance on China's rare earths
According to NaturalNews, published June 18, 2026, the G7 nations have pledged to reduce their dependence on Chinese rare earth elements. The group aims for imports from China to account for no more than 60 percent of total demand by the year 2030.
Stated objectives
The stated aim of this pledge is to diversify supply chains, specifically targeting sectors including electric vehicles, consumer electronics, and defense technology. NaturalNews reports that these strategic shifts are intended to mitigate risks associated with concentrated sourcing from a single nation.
Context regarding Chinese export measures
NaturalNews reported that China has implemented new restrictions on rare earth exports. These measures include the requirement for mandatory approvals before certain shipments can leave the country. The article notes these actions as part of the broader geopolitical context influencing supply chain dynamics between major economies.